NYC real estate
fromSFGATE
1 hour agoReal Estate Market Trends in New York, NY: Prices Fall
New York City's housing market faces shrinking inventory and slight price declines, with homes selling at a steady pace despite fewer listings.
The yellow-painted brick and limestone structure measures 21 feet wide and has five bedrooms and half a dozen bathrooms in roughly 7,800 square feet across six levels, all accessible by an elevator.
Steve Murray, co-founder of RealTrends Consulting, stated that anyone claiming privately owned independent brokerages cannot compete is misinformed. The data indicates otherwise, showing their resilience and success.
BHI provided a $167 million construction loan to Yellowstone Real Estate Investments for the conversion of the Candler Building into a 176-unit residential tower with retail space, totaling $203 million in financing.
Over the past three years, inventory has peaked in late spring, after a steady build through March and April. Sellers tend to list once the weather improves and before summer distractions kick in. That means more one-bedrooms in Brooklyn, more Upper West Side co-ops more everything. A surge of new listings at the end of 2025 suggests early spring buyers may see solid inventory with slightly less competition than the May frenzy.